Growing British corporation FiberTech

Niall is a CEO of the large and growing British corporation FiberTech that manufactures fiber optic cables for the booming global information technology (IT) industry. At the moment, FiberTech produces all of its cables in its home country, the United Kingdom (UK). Niall’s board of directors has recommended that he open a manufacturing facility in a developing country like Vietnam or Malaysia. You are Niall’s most trusted corporate adviser. Please answer the following questions, which will impact his decision:

Would you advise Niall to expand FiberTech’s production processes outside of the UK? Why or why not? Please focus on the benefits and risks facing his firm from such a move when making your case.